South Korea's Stock Market Leveraged ETF Scale Reaches Approximately $45 Billion, Reaching a New All-Time High

BlockBeats News, July 3rd, The Kobeissi Letter stated that the leverage level in the South Korean stock market has reached an extreme state. The asset under management of South Korean leverage ETFs has risen to a historical high of about $45 billion, an increase of approximately 800% since the beginning of 2026.

It pointed out that the leverage exposure as a percentage of free float market cap has risen to a historical high of about 2.9%, more than triple the level in January. Free float market cap refers to the portion of a company's stock that is available for public trading.

Meanwhile, the asset size of the 2x long SK Hynix ETF listed in Hong Kong has risen to around $15 billion, becoming the world's largest single stock leverage product. In comparison, the asset size of the four main 2x long ETFs tracking Micron (MU), NVIDIA (NVDA), SanDisk (SNDK), and Tesla (TSLA) has never exceeded $10 billion.